In yesterday’s submit I explored the ramifications of valuation allowances on deferred revenue tax property within the context of shifting market calls for as pertains to Merida’s $105 million revenue impairment with regard to its possession stake in Specialised (tldr; they purchased up a bunch of motorcycle outlets and took a shower), and in additional monetary information a giant tech agency is now buying map app thingy Komoot, which is a map app thingy for mapping routes or no matter that plenty of bikey folks use:
This was very shocking to me, as a result of I had no concept there was such a factor as an Italian tech agency:
“Italian tech agency” sounds extremely oxymoronic, as whenever you consider Italian know-how you have a tendency to think about overly loud machines like espresso makers and two-stroke Vespas, although they did determine easy methods to make an digital shifter so I suppose something’s attainable:
Much more shocking to me is that Komoot has 150 staff (at the very least for now):
Whereas I definitely don’t like the thought of individuals dropping their jobs, how does Komoot have 150 staff? Isn’t this one thing three or 4 folks with laptops may run out of a Starbucks? The world has been mapped like one million occasions over already! Have they got their very own aerospace division for launching satellites? Or possibly they employed a bunch of old-timey explorers and cartographers and despatched them out on expeditions:
[Magellan: worked remotely]
Both approach, now that the Italians have come to the rescue, Komoot can hearth everyone and in some way get smaller and greater on the identical time:
I look ahead to some years from now when he writes a self-righteous editorial about how enterprise capitalism and the relentless push for countless unsustainable development is destroying the outside business.
As for me, I’m getting out of bicycles altogether, as a result of clearly there’s no future in it. As an alternative, I’m getting a Energy Tug. And no, a Energy Tug isn’t a hand-held masturbation gadget for males, it’s…properly, it’s this:
Hey, it beats getting tugged by a sibling:
Sorry.
Anyway, this thrilling new gadget will lastly permit me to mix my two biggest passions: curler skating, and vacuuming.
Although possibly I ought to maintain out for the gravel model…
